May 7 (Bloomberg) -- Qatar Railway Co., which is building a $35 billion metro and railway system in the Gulf emirate, plans to award contracts for the elevated metro sections in the second quarter of next year.
Track contracts, currently scheduled to be awarded in the first quarter of 2014, may be brought forward to next year, Deputy Chief Executive Officer Geoff Mee said at a conference in Doha, the Qatari capital. He declined to give the value of the contracts, while saying they will be financed from government revenue.
The company had to advance the first phase of the project by 18 months to ensure key parts of the metro will be ready should Qatar be awarded the 2020 Summer Olympics, Mee said on Feb. 6. The emirate is hosting the 2022 World Cup soccer tournament and will use the metro to transport fans to matches.
The first phase of the project, including metro lines linking the airport to planned sporting venues, is scheduled to start operating by the fourth quarter of 2019, Mee said.
Qatar Railway is evaluating bids submitted by 18 groups for five packages of work that include digging tunnels and constructing stations, and contracts for those projects will be awarded in the fourth quarter, he said.
Drilling work for the metro will start at the beginning of 2013, Saad Al Mohannadi, Qatar Railway’s chief executive officer, said Feb. 15.
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